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expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10001642971
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10011404134
primarily changes income and expenditure patterns, widowhood fundamentally changes the structure of the household. Beside high … consumption are lost. This paper applies the Lewbel and Pendakur (2008) collective household model to expenditure data on elderly … households in Switzerland. The findings suggest that between 40 and 50% of household resources are assigned to wives and both …
Persistent link: https://www.econbiz.de/10010486913
. Sharing between parents and children is well predicted on average while the model detects key aspects like the extent of pro ….e. ignoring within-household inequality). This assessment of existing approaches to measure individual inequality and poverty is …
Persistent link: https://www.econbiz.de/10012909646
.Sharing between parents and children is well predicted on average while the model detects key aspects like the extent of pro ….e. ignoring within-household inequality). This assessment of existing approaches to measure individual inequality and poverty is …
Persistent link: https://www.econbiz.de/10012914348
. Sharing between parents and children is well predicted on average while the model detects key aspects like the extent of pro ….e. ignoring within-household inequality). This assessment of existing approaches to measure individual inequality and poverty is …
Persistent link: https://www.econbiz.de/10012915057
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10013318839
Various deviations from the Permanent Income consumption model with rational expectations have been discussed in the literature, including loss aversion and liquidity constraints. In the existing literature, these two types of consumption asymmetry are usually considered as mutually exclusive....
Persistent link: https://www.econbiz.de/10003744543
effect of children and a structural estimation strategy when households face constraints. Finally, I estimate the effect of … register data. Results suggest that children does not affect household consumption in the same magnitude previously assumed … intertemporal consumption behavior, produce inconsistent estimates of the effect of children on consumption if potentially binding …
Persistent link: https://www.econbiz.de/10013045082
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10011308440